Don’t take grants for granted!

You may be thinking, I don’t have time to work on grant applications because I’m too busy running my business. A better way to consider this is – if I devote time to preparing for grant applications, it will help me grow my business. Applying for grants is an excellent way for SMEs to supplement their […]

University Research-Industry Collaboration pushed into a new dance

In February 2022, the Australian Government released its University Research Commercialisation Action Plan to increase focus on research ready for translation/commercialisation. A combination of re-purposed and new money will support a $2.2B (over ten years) program to nudge industry and university researchers into a closer collaborative dance. Research block grants enable Australian universities to pursue […]

Is Breakthrough Victoria Fund the right investment partner for you?

The announcement of the $2b Breakthrough Victoria Fund (BVF, ‘the Fund’) by the Victorian Government is an enticing carrot for fast growth and emerging businesses – but is it the right one for you? The BVF is clearly a commercial fund looking for commercial returns to allow ongoing reinvestment. There are no grants on offer […]

Breakthrough Victoria – Reducing commercialisation risk through co-investment

Highlights $2b of new investment to support Victorian innovation from early stage to growth $200m available per year for 10 years  Investments targeting health and life sciences, agri-food, clean economies, advanced manufacturing and digital technologies Four funding streams, investing $500,000 to $30m per project. Australia has traditionally been good at research and bad at translation […]

Trailblazer Universities Program

This week the Federal Government announced investment in a new program to support improved commercialisation outcomes from University-based research offering $242.7m over 4 years. Key Highlights The government’s announcement to support commercialisation of university research is aligned to Minister Tudge’s previous encouragement for universities to increase focus on research translation and closer industry engagement. It […]

Icing on the cake for investors

In the perennially competitive world of start-up finance innovative Australian companies should be embracing every opportunity to enhance their appeal to potential investors and show they are serious about building their businesses. One surprisingly under-utilised and underrated way of doing this is for companies to qualify themselves as an Early Stage Innovation Company (ESIC). Since […]

The science and art of winning a grant

Money

I write grant applications that often win gemaker’s clients (research organisations and innovative companies) significant funding to develop and commercialise their innovative ideas and technologies. Recent successes include: $630K ARC grant for ANU’s InSpace $597K Accelerating Commercialisation grant for Farmbot $500K Accelerating Commercialisation grant for Chatty Kids $100K Manufacturing Modernisation Fund grant for Byron Aviation […]

The most overlooked source of funding

The Research and Development (R&D) Tax Incentive is an eligibility entitlement program administered jointly by the Department of Industry, Innovation & Science and the Australian Taxation Office (ATO). The department manages the registration of the company’s R&D activities while the ATO is responsible for managing the eligible activities’ costs. The words “eligibility entitlement” in the […]

The R&D Tax Incentive – Supporting Medical, Health and Life Sciences Research

r&d tax incentive medical

Are you in the medical, health or life sciences sector? Is your company developing cutting-edge technology? If you answered yes, then you’re in good company! Registered expenditure for the R&D Tax Incentive scheme on Medical, Health and Life Sciences (MHLS) has grown by 50% from 2012 to $1.6b in 2015. Most research fields in the sector are […]